Applying for a mortgage loan brings out the paranoia in everyone, even those who are most compulsive and consistent about paying their bills on time. Remember that the lender wants your business and will do everything possible to help finalize your home purchase.

There will be nothing to worry about if you have paid your bills more or less on time. If you have a record of late payments but no serious credit problems, you may have to provide the lender with a written explanation of why certain payments were late. The loan approval may depend on whether or not the excuses are reasonable. Your lender can probably help you work things out if your problems are not serious. If your credit problems are serious, it will help to sit down with a lender even before you begin house hunting.

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Gary and Deborah
Realty Executives Northern Arizona
611 S. Beeline Highway
Payson, AZ. 85541
Cell: 928-970-1584
Toll Free: 888-872-9766
Cell: 928-978-0063
Fax: 888-842-1919
Email: customercare@sellspayson.com

Gary Cordell and Deborah Rose-Ellis are yearly Multi-Million Dollar Producers, have Graduate Realtor Institute designations (GRI), are Certified Residential Specialists (CRS), with over 20 years of contract negotiation, real estate & investment experience. They always offer personal dedication to their clients well after any of their transactions have closed.